Associated British Foods plc

Associated British Foods plcverified

ABF.L

Price:

$2283

Market Cap:

$16.83B

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses. The Sugar segment is involved in growing, processing, and selling sugar beet and sugar cane to industrial users. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Ing...[Read more]

Industry

Packaged Foods

IPO Date

1988-07-01

Stock Exchange

LSE

Ticker

ABF.L

The Current Ratio as of November 2024 (TTM) for Associated British Foods plc (ABF.L) is 1.79

According to Associated British Foods plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.79. This represents a change of -3.54% compared to the average of 1.86 of the last 4 quarters.

Associated British Foods plc (ABF.L) Historical Current Ratio (quarterly & annually)

How has ABF.L Current Ratio performed in the past?

The mean historical Current Ratio of Associated British Foods plc over the last ten years is 1.68. The current 1.79 Current Ratio has changed 10.58% with respect to the historical average. Over the past ten years (40 quarters), ABF.L's Current Ratio was at its highest in in the February 2022 quarter at 1.99. The Current Ratio was at its lowest in in the June 2007 quarter at 0.

Quarterly (TTM)
Annual

Average

1.68

Median

1.74

Minimum

1.35

Maximum

1.93

Associated British Foods plc (ABF.L) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Associated British Foods plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 12.10%

Maximum Annual Current Ratio = 1.93

Minimum Annual Increase = -5.49%

Minimum Annual Current Ratio = 1.35

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.83-5.49%
20221.933.91%
20211.861.95%
20201.820.03%
20191.8212.10%
20181.63-1.15%
20171.659.81%
20161.506.79%
20151.403.90%
20141.35-0.33%

Associated British Foods plc (ABF.L) Average Current Ratio

How has ABF.L Current Ratio performed in the past?

The current Current Ratio of Associated British Foods plc (ABF.L) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.87

5-year avg

1.85

10-year avg

1.68

Associated British Foods plc (ABF.L) Current Ratio vs. Peers

How is ABF.L’s Current Ratio compared to its peers?

Associated British Foods plc’s Current Ratio is greater than Compass Group PLC (0.78), greater than NEXT plc (1.68), greater than Whitbread plc (0.96), greater than Diageo plc (1.53), less than Smith & Nephew plc (2.51),

CompanyCurrent RatioMarket cap
0.78$43.19B
1.68$11.82B
0.96$5.47B
1.53$53.23B
2.51$8.43B

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